Unemployment Rates Down for the Fifth Straight Month, Jobs Up in Most Metro Areas

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The unemployment rate decreased over-the-year in all fourteen Illinois metropolitan areas in August  for the fifth straight month according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Jobs were up in all metro areas, with the exception of the Bloomington Metropolitan Statistical Area. Over-the-year, total nonfarm jobs increased in thirteen metropolitan areas and decreased in one (Bloomington MSA,-0.6%, -500). The metro areas which had the largest over-the-year percentage increases in total nonfarm jobs were the Springfield MSA (+3.5%, +3,600); the Davenport-Moline-Rock Island IA-IL MSA (+3.1%, +5,400), the Chicago Metro Division (+2.9%, +102,200) and the Peoria MSA (+2.9%, +4,700). The industries that saw job growth in a majority of metro areas included: Leisure and Hospitality (fourteen areas); Transportation, Warehousing and Public Utilities (eleven areas); Other Services and Government (ten areas each); Manufacturing and Educational and Health Services (nine areas each).Over-the-year, the unemployment rate decreased in all 14 metropolitan areas; the metro areas with the largest unemployment rate decreases were the Chicago-Naperville-Arlington Heights Metropolitan Division (-5.5 points to 7.5%), the Elgin Metropolitan Division (-3.2 points to 6.1%) and the Lake County-Kenosha County, IL-WI Metropolitan Division (-2.7 points to 5.3%). The unemployment rate also decreased over-the-year in all 102 counties for the fifth consecutive month.

 

 

 

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